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Message
US delivers first EVER natural gas shipments to Europe
Posted on 6/9/17 at 2:42 pm
Posted on 6/9/17 at 2:42 pm
LINK
More winning on a Friday.
Truck
Nuts
For
Everybody
quote:
The Trump administration on Friday touted the delivery of the first-ever shipments of U.S. natural gas to northern Europe as a move that will help lessen the demand for Russian energy supplies.
quote:
U.S. LNG has begun arriving in Europe with some frequency, providing a diverse source of supply and ensuring energy security for Europe," Perry said. "Europe has been looking to the United States as a key potential source for energy diversification to decrease Russia's leverage as the region's dominant gas supplier."
quote:
The Trump administration has made approval of natural gas exports a key part of its energy and national security strategy. The U.S. is the world's top producer of oil and gas due to the fracking and shale energy boom. The Energy Department has direct authority over approving licenses for the multi-billion dollar LNG terminals required to ship the fuel abroad
More winning on a Friday.
Truck
Nuts
For
Everybody
Posted on 6/9/17 at 2:45 pm to bamarep
Well, I personally can't stand the Trump and I'm sure there is some environmental reason I should be upset about this, but I'm not. Props where their deserved.
Posted on 6/9/17 at 2:46 pm to bamarep
quote:
U.S. LNG has begun arriving in Europe with some frequency, providing a diverse source of supply and ensuring energy security for Europe," Perry said. "Europe has been looking to the United States as a key potential source for energy diversification to decrease Russia's leverage as the region's dominant gas supplier."
But Muh Russians - Trump is just a puppet for Putin
Dims taking it on the chin erryday this week.
Posted on 6/9/17 at 2:46 pm to PepeSilvia
agree. economic war better than bullet war
Posted on 6/9/17 at 2:50 pm to bamarep
(no message)
This post was edited on 3/8/21 at 11:22 am
Posted on 6/9/17 at 2:50 pm to AlceeFortier
So let me get this straight. The supposed tool of the Russians has engineered to weaken them economically on the one product that they have an abundance of and can make money from.
Posted on 6/9/17 at 2:51 pm to bamarep
No amount of bullets, bombs, or proxy wars will do more damage to Iran, Saudi Arabia, or Russia than a steady supply of cheap, American LNG to Western Europe. This is the cornerstone of Trump's detente strategy. We don't need to fight them militarily because LNG is our ace in the hole economically. If American shipped LNG is cheaper than pipelined natural gas from Russia, it's game over for the Russian economy.
The U.S. has more and cheaper natural gas than anyone else on earth. Europe has high natural gas prices. This will cause prices to fall for them and rise for us as it finally gives our glut of gas somewhere to go.
The U.S. has more and cheaper natural gas than anyone else on earth. Europe has high natural gas prices. This will cause prices to fall for them and rise for us as it finally gives our glut of gas somewhere to go.
Posted on 6/9/17 at 2:53 pm to kingbob
quote:
This will cause prices to fall for them and rise for us as it finally gives our glut of gas somewhere to go.
Need more ships and export terminals though.
Posted on 6/9/17 at 2:53 pm to bamarep
quote:
US delivers first EVER natural gas shipments to Europe
Excellent!! Hell, run a pipeline under the Atlantic.
Posted on 6/9/17 at 2:55 pm to GumboPot
Sounds like a nice place to funnel some of that infrastructure money into.
Posted on 6/9/17 at 2:55 pm to Lou the Jew from LSU
quote:
So let me get this straight. The supposed tool of the Russians has engineered to weaken them economically on the one product that they have an abundance of and can make money from.
Russia's biggest leverage over Europe is that the Ruskies control the only natural gas pipelines into Europe. During negotiations, especially with weaker Eastern Bloc countries, the Russians simply stall until the winter and threaten to cut off gas shipments to countries that oppose them until they get what they want. The gas is the sole export product still propping up Russia's economy.
If Europe can bypass Russia and get cheaper gas from the U.S., the Russian monopoly is over and their house of cards collapses. Even though Russia will still have that huge tank fleet threatening Eastern Europe, tanks cannot roll if you can't pay tank crews to drive them.
Posted on 6/9/17 at 2:56 pm to bamarep
quote:
Truck
Nuts
For
Everybody
Maybe the first time this has ever been used properly on this board.
Posted on 6/9/17 at 2:56 pm to GumboPot
quote:
Need more ships and export terminals though.
There are many in progress in Southwest Louisiana and Texas including Cameron LNG and Sasol in Lake Charles.
Posted on 6/9/17 at 2:56 pm to bamarep
(no message)
This post was edited on 6/29/17 at 3:24 pm
Posted on 6/9/17 at 2:57 pm to Duke
quote:
Sounds like a nice place to funnel some of that infrastructure money into.
The roads and bridges to and from the terminals? Yes.
The pipelines to the terminals, the terminals themselves and the ships? The transportation companies will pay for that.
Posted on 6/9/17 at 2:57 pm to bamarep
Just a related factoid. In the 1980s there was a big controversy about the whole concept of turning gas into liquid form for shipment. The argument was that if you had a ship filled with it while docked in NY harbor and someone lit a match it would create an explosion big enough to kill half the people in NYC.
Posted on 6/9/17 at 2:59 pm to PepeSilvia
quote:
Props where their deserved.
If all the innuendo bullshite could be stopped from those opposing Trump with hatred, we could do more of this for this country. I tip my hat to you for realizing that just a bit.
Posted on 6/9/17 at 2:59 pm to bamarep
That shite was going to happen no matter who was president.
The Trump nut sniffers need another example of winning, there was no influence by Trump on this.
The Trump nut sniffers need another example of winning, there was no influence by Trump on this.
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